Hostess, Union Head Back to Table to Try and Save Company

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
Data pix.

LENEXA, Kan. -- Twinkie the Kid may yet ride again.

Hostess Brands, Inc. and representatives from the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union will go into mediation on Tuesday with the goal of ending a strike and keeping the maker of Twinkies, Ding-Dongs and other famous treats in business.

Last week, Hostess announced that they would be going out of business after not being able to reach an agreement with its second-largest union, who are angry with contract changes imposed by a bankruptcy court - including an eight percent pay cut, an increase in employee health coverage costs and a change in how overtime is calculated.

The company currently employs over 18,000 people. The union has been on strike since November 9.

If the two sides cannot come to an agreement on Tuesday, the company will continue with their liquidation plan on Wednesday.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.